Hello, it is the same whether the Pos machine swipes a credit card or a savings card. There are four ways for pos machines to collect accounts by swiping their cards: T+ 1, T+0, D+ 1 and D+0. Next, Sanlu River will explain several ways of collecting accounts.
T+ 1 arrives at the account, which is how the POS handled by the merchant through the bank arrives at the account. For example, if a consumer swipes a card at a merchant on Monday, the 5,000 yuan will not be paid to the merchant's corporate account immediately, but will be paid on the working day stipulated by the state, that is, Tuesday and tomorrow, and will not be paid on weekends and holidays stipulated by the state. For example, if a consumer spends money on Friday, whether the user swipes a credit card or a savings card, it will not arrive until next Monday.
T+0 arrives, that is, it can arrive within 24 hours of the same day. Some institutions may swipe their cards from 23:00-00:00 to 7: 00 the next day, some will be delayed to the next working day in case of weekend holidays, and some institutions will ignore these.
D+ 1 arrives at the account, which is actually very simple. There are holidays and working days 365 days a year. Just swipe your card today and get it tomorrow.
D+0 arrives at the account, which is what we often say. No matter what time in 365 days, the credit card will arrive in seconds. Some institutions may swipe their cards from 00: 00 to 7:00, and may not arrive until after 7: 00. After all, the second arrival belongs to the prepayment of the acquiring institution.
It is worth noting that many personal POS machines advertise that they can collect accounts in seconds, rather than the complicated procedures that merchants have to go through to handle POS machines through banks. The main reason is competition. In order to meet the needs of customers, the acquirer pays in advance, and the subsequent bank transfers to the acquirer, which is also the origin of adding 2-3 yuan seconds to the mpos machine, but now the fee for second arrival is gradually cancelled.